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ActivePrice Reduced 71 days on market

15540 Hesperian Blvd

San Lorenzo, CA 94580

$1,950,000

$2,100,000

15540 Hesperian Blvd
15540 Hesperian Blvd photo 2
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15540 Hesperian Blvd photo 5
+16 more
Beds
Baths
Sq Ft
0.13Acres
1910Built

About This Home

Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.

Property Details

Property TypeDuplex
Year Built1910
Lot Size0.13 acres
Parking Total2
HeatingSeeRemarks
PoolNo
MLS #1154358098
Days on Market71 days

Location

Listed by

Darron Tang

GOLDEN WEST REAL ESTATE

MLS# BMLS-R00170365

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.